My LIC agent is not providing service complained writing to LIC but still nothing has happenned what shud ido
Answers: Find another LIC agent and transfer your account to the new agent by signing an agent of record letter.Your new agent will submit the agent of record to LIC.
Nationwide Life Insurance canceled my policy because I couldn't wage them when I become disbled.?
After I looked I noticed I be paying for a disability waiver.I wrote twice to company to be reinstated and twice denied .Where do I turn?Answers: Write? no wonder you're getting nowhere. See if there's an 800 number and call.
If you run behind on the stipend for life insurance policy, the policy will collapse.
When re-instated, you must never reveals that you are disable or visit hospital unless you really have similar condition i.e. listed within the application.
That is the reason why life span insurance company will not cover you because they feel that the liability will be greater if they cover you. This also mingy that you are proving that your more likely to die prematurely compared to other populace that is common.
To your state insurance commissioner. You can file a written complaint. You ALSO might turn to your Nationwide agent that sold you the policy, beside the disability rider.
You also need to verbs the policy itself, and see what the CONDITIONS are, in proclaim to invoke that waiver of premium clause. It's highly possible you didn't do what be necessary. You may or may not be capable of fix this retroactively.
Then they canceled due to nonpayment of the premium. Whether they will reinstate the policy after-the-fact is debatable. Did you notify them of your disability BEFORE the policy lapsed?
In Massachusetts, what is a better place to work - an insurance company or an insurance agency?
Answers: It's PURELY personal preferance.
I was actually IN MA for my 18 months at a company. Great company, but I decided I didn't LIKE working at a company. I much prefer the agency side of things.
In my career in the insurance industry I have worked both with insurance companies and with insurance agencies. Nobody can really tell you where the better place to work is. I can give you some pros and cons.
On the company side, depending upon the position you seek, you can choose to be insulated from the public and not be required to deal with those pesky customers. If you want that people contact you can choose to be an adjuster or you can choose to be an insurance agent.
If you want a steady reliable income go with a company job. If you want the potential to earn a salary based on your ability and skill an insurance agency position is something to consider particularly if there is an opportunity of ownership down the road.
If you want a job that is 9 to 5 Monday through Friday go with a company. If you are in an agency you will likely be making evening appointments and working on Saturdays to catch up on what you couldn't get done during the week.
If your the more self sufficient, independent type go with an agency. If you like more structure to a career path go with a company.
I could go on but I hope you get the idea. I started my career on the insurance company and gained some very valuable knowledge and experience but I always knew I wanted to work in an agency environment.